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DuPont Raises Dividend 4.7% in 435th Consecutive Quarterly Payout

Board boosts quarterly payout from $0.43 to share to $0.45.

Specialty chemical maker DuPont(NYSE:DD) announced today that its board of directors has approved a 4.7% increase in its quarterly cash dividend from $0.43 per share to $0.45 per share.

The payout represents the 435th consecutive quarterly dividend since DuPont first began paying a dividend in the fourth quarter of 1904. The new, higher payment will be made on June 12 to stockholders of record as of May 15.

Quarterly dividends of $1.125 per share on the $4.50 series preferred stock and $0.875 cents per share on the $3.50 series preferred stock also were declared, both payable July 25 to stockholders of record July 10.

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